North Hurley, NM Economy


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North Hurley, NM is a small city located in Luna County with a population of approximately 509 people. It is a thriving town with several local amenities such as churches, grocery stores, restaurants and cafes. The cost of living in North Hurley is much lower than the national average; for example, rent for a two-bedroom apartment costs about $700 per month compared to $1,430 nationally. The Grocery Cost Index in North Hurley is 89 versus 100 in the US which further highlights the affordability of living here. Some of the major employers in North Hurley include Jubilee Foods Supermarkets and United Rentals. Overall, North Hurley provides residents with an affordable lifestyle that rivals that of many larger cities across the country.

North Hurley has an unemployment rate of 8.2%. The US average is 6.0%.

North Hurley has seen the job market decrease by -7.4% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.

Tax Rates for North Hurley
- The Sales Tax Rate for North Hurley is 8.0%. The US average is 7.3%.
- The Income Tax Rate for North Hurley is 4.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for North Hurley
- The average income of a North Hurley resident is $11,971 a year. The US average is $37,638 a year.
- The Median household income of a North Hurley resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorth Hurley, New MexicoUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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